
Post
Evgenia crypto
This is the kind of positioning I like to watch.
SolsticeFi Season 2 distributed a massive 185.1B flares.
At today's numbers, that works out to roughly:
175 $SLX per 1M flares
Around $13.4 in value per 1M flares.
But here's the interesting part...
One participant managed to accumulate 1.35% of the entire Season 2 airdrop with an estimated cost basis of just ~$8K by aggressively buying YT.
According to their math, the trade becomes profitable if the project reaches a fully diluted valuation above $20M.
Will it happen?
Nobody knows.
But I always pay attention when someone is willing to size up before the crowd arrives.
Sometimes that's where the best asymmetric bets are found.

Disclaimer: OKX Orbit content is provided for informational purposes only. Learn more
Replies
No comments yet. Be the first to reply!
Trending crypto
BTC/USDTBitcoin
$79,983.6+0.00%
ETH/USDTEthereum
$2,504.66+0.02%
DOGE/USDTDogecoin
$0.0909+0.04%
Today’s market buzz
1#HammackBacksHike

2#BTCGoldRatioHigh
3#OKXOutcomeLeagueFOMC
Hot